# NM Insurance Bulletin 2015-001: Legal documents being drawn by Title Companies > New Mexico · Agency guidance · In force URL: https://www.frixlaw.com/law-library/statutes/NM_INS_B_2015-001 ## Section - **Citation:** NM Insurance Bulletin 2015-001 - **Heading:** Legal documents being drawn by Title Companies - **Jurisdiction:** New Mexico - **Kind:** Agency guidance - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** New Mexico Office of Superintendent of Insurance Bulletins / Legal documents being drawn by Title Companies ## Text # STATE OF NEW MEXICO # OFFICE OF SUPERINTENDENT OF INSURANCE Mailing Address: P.O. Box 1689, Santa Fe, NM 87504-1689 Physical Address: 1120 Paseo de Peralta, Room 428, Santa Fe, NM 87501 Main Phone: 505-827-4601; Main Fax 505-827-4734; Toll Free: 1-855-4-ASK-OSI 1-855-427-5674 www.osi.state.nm.us SUPERINTENDENT OF INSURANCE John G. Franchini 505.827.4299 ACTING DEPUTY SUPERINTENDENT Alan Seeley 505.827.4307 ![img-0.jpeg](img-0.jpeg) TITLE INSURANCE BUREAU CHIEF Otis Phillips - 505.827.4930 Insurance Bulletin 2015 - 01 January 6, 2015 NM OFFICE OF SUPERINTENDENT OF INSURANCE 2015 JAN 6 PM 2:49 FILED TO: ALL TITLE INSURANCE AGENTS, AFFILIATES, AND DIRECT OPERATIONS COMPANIES AUTHORIZED TO TRANSACT BUSINESS IN NEW MEXICO RE: LEGAL DOCUMENTS BEING DRAWN BY TITLE COMPANIES THE FOLLOWING BULLETIN is issued pursuant to Insurance Bulletin Rules, 13 NMAC 1.2.1 to 1.2.10. The purpose of this Bulletin is to advise all title insurance agents, affiliates and direct operations that this office has received information regarding legal documents being drawn by title companies at no cost to the consumer. 13.14.3.13 provides that: ### CHARGE TO BE MADE FOR ALL SERVICES: - A. No person doing the business of title insurance shall furnish or offer to furnish services, information, appraisals, subdivision ownership lists, farm packages, estimates or income production potential, pre-search or listing packages, information kits or similar packages containing information about one or more parcels of real property without making an actual charge for the same. - B. Title insurers and title insurance agents shall collect actual charges in the ordinary course of their business operations. Title insurers and title insurance agents shall not provide additional or new services to individuals who have failed to pay actual charges for prior services. [4-1-93, 4-1-94; 13.14.3.13 NMAC - Rn, 13 NMAC 14.4.13, 5-15-00; A, 7-1-06] king an actual charge for the same. - B. Title insurers and title insurance agents shall collect actual charges in the ordinary course of their business operations. Title insurers and title insurance agents shall not provide additional or new services to individuals who have failed to pay actual charges for prior services. [4-1-93, 4-1-94; 13.14.3.13 NMAC - Rn, 13 NMAC 14.4.13, 5-15-00; A, 7-1-06] It is a violation of this regulation for a title insurer to draw up legal documents at no cost to the consumer. OSI will penalize any title insurer that violates 13.14.3.13 NMAC pursuant to NMSA 1978, Section 59A-1.18.B and will consider any violation of 13.14.3.13 NMAC after the date of this Bulletin to be a willful violation. If you have additional questions regarding this Bulletin, please contact the Title Insurance Bureau at 505.827.4930 or 505.827.4536. DONE AND ORDERED this 6th day of January, 2015. JOHN G. FRANCHINI SUPERINTENDENT OF INSURANCE ## Nearby sections - [NM Insurance Bulletin 2014-002 This Bulletin hereby establishes the interest rate to be applied to unpaid claims after 45 days after required proof of loss](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2014-002.md) - [NM Insurance Bulletin 2014-003 Excepted Benefit Plan Disclosure](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2014-003.md) - [NM Insurance Bulletin 2014-005 Managed Health Care Insurance Cards [Repeals and Replaces Insurance Bulletin No.2011-008]](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2014-005.md) - [NM Insurance Bulletin 2014-008 Surplus Lines Premium Tax Filings.](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2014-008.md) - [NM Insurance Bulletin 2014-016 Interpretation and application of NMSA 1978 59A-11-3(A) and 59A-12-15](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2014-016.md) - [NM Insurance Bulletin 2014-018 Approval of Health Insurance Forms](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2014-018.md) - [NM Insurance Bulletin 2015-001 Legal documents being drawn by Title Companies](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2015-001.md) - [NM Insurance Bulletin 2015-002 Procedures for filing and penalty notice and demand for failure to report or pay premium taxes and fees as required by NMSA 1](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2015-002.md) - [NM Insurance Bulletin 2015-003 Property And Casualty Commercial Lines Insurers Doing Business In New Mexico](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2015-003.md) - [NM Insurance Bulletin 2015-004 Interest Rate Applicable To Unpaid Claims 45 Days After Required Proof of Loss Has Been Furnished](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2015-004.md) - [NM Insurance Bulletin 2015-005 Health “STOP LOSS” or “EXCESS BENEFIT” Insurance](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2015-005.md) - [NM Insurance Bulletin 2015-006 Transparency of Costs to Insureds on All Health Insurance Forms](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2015-006.md) - [NM Insurance Bulletin 2015-007 Export List](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2015-007.md) - [NM Insurance Bulletin 2015-008 Amendment To Compensation Provided Pursuant TO NMSA 1978, Section 59A-57-4.1](https://www.frixlaw.com/law-library/statutes/NM_INS_B_2015-008.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/NM_INS_B_2015-001. Check the current official text before relying on it. Not legal advice.